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6 June 03:52 PM TASI inches higher on Thursday; NomuC grows 1.2%
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) edged higher by 0.06% on Thursday and ended the trading session at 11,560.39 points. A total of 249.35 million shares were traded at a value of SAR 6.45 billion. …
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6 June 10:10 AM CMA approves Nomu listing of 3 companies
Riyadh – Mubasher: The Capital Market Authority (CMA) greenlighted the requests of three companies to trade their shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). SAMA Healthy Water Factory Company plans to list 20% of its …
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5 June 03:53 PM Tadawul closes Wednesday with negative note
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) went down by 0.51% on Wednesday and ended the trading session at 11,553.16 points. A total of 285.28 million shares were traded at a value of SAR 8.05 billion. Dr. …
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4 June 04:43 PM Saudi Exchange’s key indices decline on Tuesday
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) decreased by 1.66% on Tuesday and ended the trading session at 11,612.03 points. A total of 306.64 million shares were traded at a value of SAR 7.08 billion. SAL …
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4 June 01:31 PM Saudi non-oil private sector maintains growth in May; PMI hits 56.4
Riyadh – Mubasher: The headline seasonally adjusted Purchasing Managers’ Index (PMI) of Saudi Arabia withered a decline from 57 last April to 56.4 in May 2024, according to Riyad Bank’s latest data. The reading, which was the second-lowest for 22 …
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4 June 12:31 PM CMA nods to Nomu listing, IPO of 2 companies
Riyadh – Mubasher: The Capital Market Authority (CMA) passed the request of Tharwa HR Company to float its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul). Tharwa HR plans to list 705,735 shares, representing 15% of its share …
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4 June 10:45 AM GCC's passenger traffic to grow 4% annually from 2024 to 2030 – IATA
UAE – Mubasher: Kamil Al Awadhi, Regional Vice President for Africa and the Middle East at the International Air Transport Association (IATA), stated that passenger traffic in the UAE and the GCC is projected to grow by 4% annually between 2024 …
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3 June 03:56 PM Tadawul closes Monday’s session higher
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) increased by 1.58% on Monday and ended the trading session at 11,808.25 points. A total of 388.97 million shares were traded at a value of SAR 7.91 billion. Saudi …
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3 June 01:44 PM Fakeeh Care to trade shares on Tadawul this week
Riyadh – Mubasher: Dr. Soliman Abdel Kader Fakeeh Hospital Company (Fakeeh Care Group) will start the listing and trading of its shares on the Main Market of the Saudi Exchange (Tadawul) on Wednesday, 5 June 2024. Tadawul pointed out that the …
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2 June 04:58 PM TASI rises over 1% on Sunday; NomuC loses nearly 2%
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) increased by 1.06% to end Sunday’s trading session at 11,625.10 points. A total of 223.91 million shares were traded at a value of SAR 5.60 billion. East Pipes …
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2 June 03:52 PM GCC tops Dubai Chamber of Commerce export list with AED 40.8bn
UAE - Mubasher: The Dubai Chamber of Commerce highlighted that the GCC market remained the top global export and re-export destination for its member companies in the first quarter (Q1) of 2024. The GCC region accounted for 55.50% of total exports …
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30 May 06:40 PM Unlike UAE stock markets on Thursday, Tadawul shows varied performance while EGX falls
Mubasher: The Saudi Exchange (Tadawul) closed Thursday’s session with a mixed performance, while the Egyptian stock market showed a downward performance for all its indices. This is unlike the UAE stock markets which ended the session in the green …
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30 May 10:17 AM Horizon Educational to float shares on Nomu next week
Riyadh – Mubasher: Horizon Educational Company is set to begin the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Sunday, 2 June 2024. The Saudi firm plans to trade 500,000 shares, accounting for …
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29 May 04:18 PM Tadawul shows positive performance on Wednesday
Riyadh – Mubasher: The main All Share Index (TASI) of the Saudi Exchange (Tadawul) rose by 0.31% to close Wednesday’s trading session at 11,696.51 points. A total of 246.48 million shares were traded at a value of SAR 6.19 billion. The Saudi …
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29 May 01:21 PM Saudi Miral Dental to commence trading on Nomu this week
Riyadh – Mubasher: Miral Dental Clinics Company has commenced the listing and trading of its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Wednesday, 29 May 2024. The Saudi firm floated its shares under the symbol 9604 …
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29 May 09:01 AM Yaqeen Capital announces offering price for Nomu listing
Riyadh - Mubasher: Yaqeen Capital Company settled the final price for its initial public offering (IPO) on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) at SAR 40 per share. Alinma Investment Company, the financial advisor for the …
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28 May 04:20 PM Tadawul’s indices close Tuesday in negative territory
Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) fell 171.28 points (1.45%) to close at 11,659.94 points on Tuesday. A total of 208.46 million shares were traded at a turnover of SAR 5.34 billion. …
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28 May 03:51 PM Oil prices climb amid mounting tensions in Middle East – Saxo Bank
Mubasher: The crude oil market is witnessing a rise due to escalating tensions in the Middle East following the killing of an Egyptian soldier in a clash with Israeli forces, according to a report by Saxo Bank. The price of West Texas Intermediate …
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28 May 01:43 PM Middle East named world's fastest-growing real-time payment market for 2nd year – Report
Mubasher: The Middle East ranked as the fastest-growing real-time payment market for the second consecutive year in 2023, according to the 2024 Prime Time for Real-Time report by ACI Worldwide and GlobalData. The region's real-time payment market …
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28 May 12:55 PM UAE leads MENA in WEF’s 2024 index for tourism, travel development
UAE – Mubasher: The UAE came first in the MENA region and 18th globally in the World Economic Forum’s Travel & Tourism Development Index (TTDI) 2024, according to the WEF report. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the …
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27 May 04:20 PM TASI loses 19 pts on Monday; NomuC shrinks 0.71%
Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) edged lower by 19.42 points (0.16%) to close at 11,831.22 points on Monday. A total of 214.77 million shares were traded at a turnover of SAR 5.89 billion. …
Sandeep Sinha, Head of Healthcare Consulting – MEA, JLL
27 May 03:56 PM Investor confidence drives growth in GCC’s healthcare market – JLL
Mubasher: The increased investor confidence is driving sustained demand across the healthcare value chain in the Middle East region, according to JLL. JLL recently advised a consortium led by UAE-based Fajr Capital to acquire a 65% shareholding in …
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26 May 04:27 PM Tadawul’s indices close Sunday in red
Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) went down by 145.35 points (1.21%) to close at 11,850.64 points on Sunday. A total of 164.90 million shares were traded at a turnover of SAR 4.37 billion. …
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23 May 04:18 PM TASI sheds 161 pts on Thursday; NomuC edges lower
Riyadh – Mubasher: The main market’s All Share Index (TASI) of the Saudi Exchange (Tadawul) declined by 161.04 points (1.32%) to close at 11,995.99 points on Thursday. A total of 221.71 million shares were traded at a turnover of SAR 5.56 billion. …
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22 May 06:47 PM Future Aviation Forum 2024 attracts historic investments within 2 days
Riyadh – Mubasher: The third edition of the Future Aviation Forum has witnessed the signing of several agreements on the first two days of the event, which had nearly 5,000 delegates from over 100 countries to elevate global connectivity. On top …